It is better to sell off under-utilized assets than borrow money to revive the economy
Minister of Finance, Kemi Adeosun, over the weekend lent her voice to the call for the sale of some national assets to revive the economy. Adeosun endorsed the sale while speaking to some business editors in Abuja. Leadership quotes her as saying it is better to sell off under-utilized assets than borrow money to revive the economy. I think there are lots of assets being considered. There are some unused assets that are just lying idle and people have come and said, ‘These things you are not using, can we lease it from you? I think when you are looking for money, some things that government is sitting on, we don’t have money to do them and so it makes sense for me to unlock those things as it will bring money to the economy at these difficult times so that we can move forward. I don’t think we have got to the stage where we say it’s this or that asset. The conversation now should be: should we just keep bo...